Bruce Power’s 2020 Annual Report

This Green Bond Report covers the reporting period of the second quarter of 2024 through the first quarter of 2025.

The report includes information on new issuances during the reporting period and information on the allocation and impact of all green bond proceeds through the first quarter 2025.

This report provides a comprehensive overview of our performance across key pillars of sustainability. It outlines our emissions reduction efforts, our work to support biodiversity and environmental protection, and our actions to foster an inclusive and equitable workforce.

Bruce Power continues to lead Ontario’s low-carbon energy transition, delivering safe, reliable, and non-carbon emitting nuclear power to support provincial and federal carbon reduction goals. This report outlines the company’s progress in 2024 towards our sustainability goals, emphasizing our commitment to environmental leadership, community partnerships, and a culture of continuous improvement to build a more sustainable future for all.

Bruce Power imports into Canada goods produced outside of Canada and is subject to Part 2 of the Act to enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to amend the Customs Tariff (the “Act”).

This 2024 report is made pursuant to the Act and is approved for issuance by the Bruce Power Board of Directors on April 24, 2025.

The purpose of this report is to fulfill regulatory requirements on environmental protection in accordance with Condition 3.3 of the Bruce A and B Power Reactor Operating Licence [R-1] and Canadian Nuclear Safety Commission Regulatory Document REGDOC-3.1.1 Reporting Requirements for Nuclear Power Plants [R-2].

Building a workforce that is diverse, equitable and inclusive is essential to our
success.

As Ontario grows, and brings new homes, manufacturing and data centres to the province, economic expansion and electrification of the manufacturing sectors will continue to increase energy demand over the next three decades. Bruce Power will undergo a federal Impact Assessment (IA) for up to 4,800 MW of new nuclear capacity on the Bruce Power site — a project referred to as Bruce C. This work is an essential part of Ontario’s growth development plans and was outlined as a ‘no regret’ action by the IESO to create a valuable option for the Province in future electricity planning.

Bruce Power and OPG are proud to be a part of Ontario’s clean energy past, present, and
future, leading the province into a new era of clean energy production.

This Green Bond Report covers the reporting period of the second quarter of 2023 through the first quarter of 2024. The report includes information on new issuances during the reporting period and information on the allocation and impact of all green bond proceeds through the first quarter 2024.

Bruce Power is proud to help shape a sustainable future.

Bruce Power is subject to Part 2 of the Act to enact the Fighting Against Forced Labour and Child Labour in Supply Chains Act and to amend the Customs Tariff (the “Act”). This report is made pursuant to the Act and is approved for issuance by the Bruce Power Board of Directors on April 25, 2024.

The purpose of this report is to fulfill regulatory requirements on environmental protection in accordance with Condition 3.3 of the Bruce A and B Power Reactor Operating Licence [R-1] and Canadian Nuclear Safety Commission Regulatory Document REGDOC-3.1.1 Reporting Requirements for Nuclear Power Plants [R-2].

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Learn more about Bruce Power's year in 2023